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Week 01 Discussion - What does the SEC do We have seen the...

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What does the SEC do? We have seen the latest accounting scandals that have been going on. Let's talk about what has the SEC done about these companies. IBM Enron Class, Welcome to week 1 and let's get started ..Please make a note that you must contribute to our weekly discussion. Since this week was a short week, I will not post my regular 10+ questions. Food for thought question #1: As Enron collapsed, investor confidence and the financial markets were shaken, what has SEC done to restore the investors confidence in corporations' financial statements? Farima Food for thought question #2: Class, What is the role of SEC? What are the latest scandals in the accounting world, and what has SEC done for them. Farima Class, Food for thought question #3: Identify some of the challenges facing accounting. Give examples. Farima Class, Anybody knows how many open investigation there might be with SEC as of now.. Is it increasing or decreasing?
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